| LATEST NEWS | IMF projects Malaysia's growth at 4.7 per cent for this year and 4.3 per cent in 2027 | Global headline inflation is expected to increase to 4.4 per cent in 2026 and decline to 3.7 per cent in 2027, marking upward revisions for both years - IMF | IMF projects global growth of 3.1 per cent for this year (2025: 3.4 pct), a downward revision of 0.2 percentage point from January projections | 1MDB: Four artworks valued at USD198,125 have been repatriated to Malaysia - MACC | 1MDB asset recovery has reached RM31.2 billion so far, representing 70 per cent of the total identified assets - MACC | |
KOTA KINABALU, April 9 (Bernama) -- The Bumiputera Agenda Steering Unit (TERAJU) has introduced the Bumiputera Sabah and Sarawak Scale-Up Fund (BSSF) as a strategic driver to accelerate the growth and scaling of Bumiputera companies in Sabah.
PUTRAJAYA, March 5 (Bernama) -- The National Finance Council (NFC) has agreed to increase the grants provided by the federal government to state governments, with the total amount expected to reach RM10.5 billion this year, said Prime Minister Datuk Seri Anwar Ibrahim.
KOTA KINABALU, March 3 (Bernama) -- Sabah Chief Minister Datuk Seri Hajiji Noor has welcomed Petroliam Nasional Bhd’s (Petronas) commitment to exploring further collaboration to enhance Sabah’s participation in the oil and gas industry.
KUALA LUMPUR, Feb 9 (Bernama) -- Petroliam Nasional Bhd (Petronas) via Malaysia Petroleum Management (MPM) today announced the award of the production sharing contract (PSC) for the Permata Cluster, located off the coast of Sabah, to London-based Bridge Petroleum Ltd.
KOTA KINABALU, Feb 9 (Bernama) -- The Sabah government, through its wholly-owned entity SMJ Energy Sdn Bhd (SMJE), has solidified its position in the upstream oil and gas sector by acquiring a strategic 20 per cent participating interest in the North Sabah Enhanced Oil Recovery Production Sharing Contract (EOR PSC).
KOTA KINABALU, Dec 17 (Bernama) -- The Sabah government, through the Sabah Energy Commission (ECoS), has begun exploring renewable energy in the form of Ocean Thermal Energy Conversion (OTEC) and is currently conducting an implementation study along the state’s east coast, according to Chief Minister Datuk Seri Hajiji Noor.
KUALA LUMPUR, Dec 1 (Bernama) -- Bursa Malaysia ended the morning session higher today, with the key index rising 1.09 per cent, in line with the mostly higher performance in regional markets ahead of several key data releases.
KOTA KINABALU, Nov 30 (Bernama) -- Gabungan Rakyat Sabah (GRS), its partner parties and the independent candidates who won in the 17th Sabah State Election have formed the state government with a simple majority.
By ROHANA NASRAH
KOTA KINABALU, Nov 23 (Bernama) -- Sabah has entered a new phase in its marine-resource-based economic transformation through the Blue Economy initiative, which is expected to have a significant impact on the state’s economic growth, including the creation of more job opportunities.
By Rohana Nasrah
KOTA KINABALU, Nov 22 (Bernama) -- Sabah has continued to strengthen its economic position and investment performance over the past five years, with a range of sectors, including solar, oil and gas, and electric vehicle battery components, continuing to expand.
KOTA KINABALU, Nov 8 (Bernama) -- Sabah recorded RM11.37 billion in approved investments across various economic sectors in the first half of 2025 (1H 2025), said Investment, Trade and Industry (MITI) Minister Tengku Datuk Seri Zafrul Abdul Aziz.
KOTA KINABALU, Oct 31 (Bernama) -- Sabah has formalised its 25 per cent equity acquisition in PETRONAS PFLNG 3 Sdn Bhd, further strengthening collaboration between the state and the national oil company, said Chief Minister Datuk Seri Hajiji Noor.
